Solved

Scotto Designs Has the Following Standards for the Production of Scarves

Question 47

Multiple Choice

Scotto Designs has the following standards for the production of scarves:  Standard Quantity  Standard Price  Direct materials 1.2 yards per scarf $4.70 per yard  Direct labor 0.15 hours per scarf $11.00 per hour \begin{array}{lrr} & {\text { Standard Quantity }} & \text { Standard Price } \\\text { Direct materials }& 1.2 \text { yards per scarf } & \$ 4.70 \text { per yard } \\\text { Direct labor } & 0.15 \text { hours per scarf } & \$ 11.00 \text { per hour }\end{array} The company used 985 yards of material in order to make 800 scarves in April.The company purchased 1,100 yards at $4.60 per yard.How much is the direct materials quantity variance?


A) $110 favorable
B) $118 unfavorable
C) $8 unfavorable
D) $705 unfavorable

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents